World¡¯s Steelmakers Started Slow in January
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January 2018 tonnage of 139.4 mmt is less than 1% higher year-over-year
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The world¡¯s primary steelmakers made a tentative move into 2018 with January tonnage rising to 139.4 million metric tons worldwide, less than 1.5% higher than the December 2017 volume and just 0.85% higher than the January 2017 total.
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The data is supplied by the World Steel Assn., which tracks raw-steel output and capacity utilization by steelmakers in 64 nations, which accounts for about 99% of total raw-steel production worldwide. Raw steel is the output of basic-oxygen and electric-arc furnaces. It¡¯s cast into semi-finished products, such as billets (seen here), blooms, and slabs.
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02 Mar,2018
